Random Rants
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@Steffen the sales agents go to great lengths to photograph houses in Australia. The Guardian published a story about it.
Sometimes it doesn't work. This million dollar dump in Sydney looks more like a horror movie than a dream home.
I agree that the place I posted could be fantastic with a lot of money and a good architect, and the price was a bit of a one-off. The suburb it's in, Middle Park, is probably the most expensive part of Melbourne on a per square metre basis. Plus there are a lot of downsizing retirees whose big homes are now worth $2 or $3 million, want something more central, and are willing to pay over the odds to secure it.
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The Article is hilarious @Graeme , here in Germany the quality of the property usually matches the quality of the Photo, that goes that far that some cheap Rentals don´t even have Photos or at max one of the Door
That is correct and that is what brakes these propertys for people who are not insane, a view Million to buy and another view to revamp is a bit hefty, I usually tell my Customers that they should go for either or, that works most times. Cheap Bulding expensive renovation is of course better for us because of the way we get paid as architects in germany.
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@Steffen the problem with Australia is that house prices have been decoupled from incomes for a long time. The Economist has been calling it a bubble since 2004. It's been driven by a mixture of low interest rates, generous tax breaks to investors, overseas money and immigration, and general momentum.
That said, prices are starting to drop. Sydney's average house is now around $1.1 million, down from $1.2 million last year. But there's a widespread belief that the government will step in if falls become too big.
With prices so high, real estate agents have been upping the ante with presenting properties. Hence the arty shots of derelict houses.
I agree that spending one fortune on a place, and then another on rebuilding it doesn't make sense. But pretty much any older house in prime Sydney or Melbourne will have comments along the lines of "renovate and extend, or replace with your new dream home". In fact, heritage listed properties sell at a discount because they can't be demolished.
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@Steffen the problem with Australia is that house prices have been decoupled from incomes for a long time. The Economist has been calling it a bubble since 2004. It's been driven by a mixture of low interest rates, generous tax breaks to investors, overseas money and immigration, and general momentum.
That said, prices are starting to drop. Sydney's average house is now around $1.1 million, down from $1.2 million last year. But there's a widespread belief that the government will step in if falls become too big.
With prices so high, real estate agents have been upping the ante with presenting properties. Hence the arty shots of derelict houses.
I agree that spending one fortune on a place, and then another on rebuilding it doesn't make sense. But pretty much any older house in prime Sydney or Melbourne will have comments along the lines of "renovate and extend, or replace with your new dream home". In fact, heritage listed properties sell at a discount because they can't be demolished.
Jeez. For that kinda money you could buy 3 houses here.
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Jeez. For that kinda money you could buy 3 houses here.
Or the whole of Gosport…..
With the exception of those MOD owned beauties behind IHUK [emoji31]
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Here in the finest German Backcountry a normal House costs 140.000-200.000€ so you could, similar to Gosport, buy the whole Village I am in now
What does MOD mean ?
@Graeme Frankfurt is almost as expensive as Sidney but the Obects are generally in a way better Shape, I dont know a West German City that has that much worn out Buildings in a Prime Area of the Town.
1.2 Mio Australian Beer Tokens (Around 750k Euro) get you something like this in the City: https://www.engelvoelkers.com/de-de/exposes/familienfreundliches-wohnen-3602604.1267007_exp/
4-8 Mio. AUD would be a baillin Budget at the Moment, but lets wait and see what Brexit brings us: https://www.engelvoelkers.com/de-de/exposes/perfekte-familienwohnung-in-exklusiver-lage-3852534.1249509_exp/
Luckily most City here expect Berlin, Munich and Hamburg are quite small so that you could easily live in a small Town where Houses are way Cheaper and only have to drive 30-40 Minutes to work.
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Or the whole of Gosport…..
Unless the houses are built with handmade bricks. I've heard rumors that they're a bit spendy.
And all this discussion of million dollar houses makes me realize (again) how relatively cheap San Antonio is.
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Ministry of Defence (MoD)
The land is owned by the Mod (in this case the Navy) because an oil pipeline crosses the land. It carries fuel from a fuel depot about 1/2 a mile away to a naval jetty, where small tankers transport the fuel to the Portsmouth based navy. It is, therefore, a terrorist (or war) risk. Break the pipeline and we can't get fuel to our navy…...
We feel really safe here because a 100 meters away from the office, we have a man with a machine gun on guard 24x365.....
Portsmouth has a historic policy of putting all the stuff that smelt or went bang in Gosport....
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Thank you for clarifying.
The free Security Guard Sounds quite Nice, the Pipline thing not so much, but i guess this is something no one notices anymore today.
I read a lot of people here fly in Via London and take the Train and then the Ferry to Gosport, wouldnt it be faster to go via Southhampton Airport and then take a Rental, or is there stepping Stone I overlooked ?
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Nope, if you can fly into Southampton, that's really convenient. Trouble is, if your plane home gets cancelled, there are not a lot of alternatives. Happened to me once flying back from Amsterdam. I had to overnight in a (shithole of an) hotel, if I had been flying into Heathrow or Gatwick, there would most likely been plenty of alternative flights home….
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Gatwick>train>ferry is quite convenient, too. Only brief walks at each transition, and IHUK is also only a brief walk from the ferry pier. Though if you get tired, there are a few pubs along the way to renew your energy.
